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<Research>M Stanley Rates CATL (03750.HK) at Overweight as New 811 Product to Increase EREV Battery Capacity
Recommend 4 Positive 12 Negative 4 |
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According to Chinese media, CATL (03750.HK) may launch NCM811 battery pack product next year to increase the battery capacity of EREV to 80kWh, up from the current 30-50 kWh per unit, Morgan Stanley issued a research report saying. To the broker's knowledge, CATL has not yet confirmed the news. Therefore, Morgan Stanley reiterated rating at Overweight for CATL's A-shares (300750.SZ), with a target price of RMB425. The broker also rated CATL's H-shares at Overweight. AASTOCKS Financial News Website: www.aastocks.com |
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